ACV Auctions Inc. income statement
In fiscal 2025, ACV Auctions Inc. reported revenue of $760m, up 19.2% on the year before, operating income of −$63.2m (a -8.3% margin) and net income of −$66.1m, or −$0.39 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 107 | 208 | 358 | 422 | 481 | 637 | 760 | 801 |
| Selling, general and administrative | 62 | 65 | 121 | 144 | 167 | 217 | 235 | 233 |
| Operating income | −79 | −41 | −77 | −106 | −90 | −84 | −63 | −57 |
| Interest expense | 0 | 1 | 1 | 1 | 2 | 4 | 10 | 11 |
| Income before tax | −77 | −41 | −77 | −102 | −75 | −79 | −65 | −61 |
| Income tax | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 2 |
| Net income | −77 | −41 | −78 | −102 | −75 | −80 | −66 | −63 |
| Diluted EPS | −$4.20 | −$1.90 | −$0.62 | −$0.65 | −$0.47 | −$0.48 | −$0.39 | −$0.37 |
| Diluted shares (average) | 18m | 22m | 125m | 157m | 160m | 165m | 171m | 172m |
| EBITDA | −77 | −33 | −68 | −95 | −70 | −47 | −19 | −11 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 171 | 160 | 183 | 194 | 200 | 184 | 204 | 214 |
| Selling, general and administrative | 55 | 57 | 59 | 53 | 73 | 50 | 56 | 54 |
| Operating income | −17 | −26 | −14 | −7 | −24 | −18 | −9 | −6 |
| Interest expense | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 |
| Income before tax | −16 | −26 | −14 | −7 | −24 | −19 | −10 | −8 |
| Income tax | −0 | 0 | 0 | −0 | 0 | 1 | 1 | 1 |
| Net income | −16 | −26 | −15 | −7 | −24 | −20 | −11 | −8 |
| Diluted EPS | −$0.10 | −$0.15 | −$0.09 | −$0.04 | −$0.14 | −$0.12 | −$0.06 | −$0.05 |
| EBITDA | −7 | −15 | −4 | 4 | −13 | −7 | 3 | 6 |
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